Transaction in Own Shares

25 May 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 24 May 2022 it purchased the following number of its own shares to be held in treasury:

Class of shares	:  Ordinary shares of 50p (“shares”)
Number of shares purchased	:  75,000
Weighted average purchase price paid	:  370.0406 pence per share
Highest purchase price paid	:  373 pence per share
Lowest purchase price paid	:  367 pence per share

Following the above transaction, the Company’s issued share capital consists of 246,091,423 ordinary shares of 50p each, of which 3,368,826 ordinary shares are held in treasury, and 1,000,000 preference shares of 50p each which do not carry any rights to vote. Therefore the total number of voting rights in the Company is 242,722,597, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018, the schedule below contains detailed information about the purchases made by Numis Securities Limited on behalf of the Company as part of the Company’s buyback programme.

Schedule of Purchases – Individual Transactions (all of 24 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1391	373.00	08:15:17	00059079304TRLO0	LSE
177	373.00	08:15:17	00059079303TRLO0	LSE
558	373.00	08:18:02	00059079421TRLO0	LSE
752	373.00	08:18:02	00059079420TRLO0	LSE
211	372.50	08:19:26	00059079474TRLO0	LSE
1000	372.50	08:19:26	00059079473TRLO0	LSE
216	372.50	08:19:26	00059079472TRLO0	LSE
1367	371.50	08:37:56	00059080410TRLO0	LSE
1276	371.00	09:09:49	00059081956TRLO0	LSE
553	371.00	09:09:49	00059081958TRLO0	LSE
324	371.00	09:09:49	00059081957TRLO0	LSE
553	371.00	09:09:49	00059081959TRLO0	LSE
1518	370.50	09:17:06	00059082411TRLO0	LSE
182	370.50	09:17:06	00059082416TRLO0	LSE
290	370.50	09:17:06	00059082415TRLO0	LSE
544	370.50	09:17:06	00059082414TRLO0	LSE
400	370.50	09:17:06	00059082413TRLO0	LSE
1521	369.00	09:53:05	00059084456TRLO0	LSE
38	369.00	09:53:05	00059084455TRLO0	LSE
257	370.50	10:01:49	00059084733TRLO0	LSE
852	370.50	10:01:49	00059084732TRLO0	LSE
446	370.00	10:03:32	00059084805TRLO0	LSE
871	370.00	10:03:32	00059084804TRLO0	LSE
1387	370.00	10:20:07	00059085631TRLO0	LSE
783	369.50	10:22:36	00059085762TRLO0	LSE
516	369.50	10:22:36	00059085761TRLO0	LSE
23	369.50	10:22:36	00059085760TRLO0	LSE
288	371.00	10:59:32	00059087169TRLO0	LSE
400	371.00	11:03:02	00059087370TRLO0	LSE
1403	370.50	11:03:02	00059087371TRLO0	LSE
413	371.00	11:03:02	00059087374TRLO0	LSE
400	371.00	11:03:02	00059087373TRLO0	LSE
539	371.00	11:03:02	00059087372TRLO0	LSE
1395	370.00	11:05:06	00059087436TRLO0	LSE
42	370.00	11:05:06	00059087435TRLO0	LSE
207	370.00	11:36:48	00059088629TRLO0	LSE
621	370.00	11:37:00	00059088631TRLO0	LSE
159	370.00	11:37:00	00059088630TRLO0	LSE
327	370.00	11:39:40	00059088733TRLO0	LSE
662	370.00	11:39:40	00059088734TRLO0	LSE
413	370.00	11:40:02	00059088750TRLO0	LSE
446	370.00	11:40:02	00059088749TRLO0	LSE
216	371.50	12:37:41	00059091409TRLO0	LSE
214	371.50	12:37:41	00059091408TRLO0	LSE
1450	371.50	12:37:41	00059091407TRLO0	LSE
409	371.50	12:37:41	00059091410TRLO0	LSE
552	371.50	12:38:00	00059091459TRLO0	LSE
500	371.50	12:38:00	00059091458TRLO0	LSE
451	371.50	12:38:00	00059091457TRLO0	LSE
49	371.50	12:38:00	00059091456TRLO0	LSE
399	371.50	12:38:00	00059091455TRLO0	LSE
119	371.50	12:38:01	00059091464TRLO0	LSE
1373	371.50	13:07:31	00059092596TRLO0	LSE
1431	371.00	13:28:25	00059093413TRLO0	LSE
1657	371.00	13:28:25	00059093412TRLO0	LSE
463	371.50	13:28:25	00059093417TRLO0	LSE
533	371.50	13:28:25	00059093416TRLO0	LSE
400	371.50	13:28:25	00059093415TRLO0	LSE
1028	371.50	13:28:25	00059093414TRLO0	LSE
1505	372.00	14:01:05	00059094891TRLO0	LSE
1437	372.00	14:01:05	00059094890TRLO0	LSE
51	371.50	14:02:53	00059094940TRLO0	LSE
1605	371.50	14:02:53	00059094939TRLO0	LSE
399	371.00	14:08:17	00059095185TRLO0	LSE
968	371.00	14:08:17	00059095184TRLO0	LSE
844	371.00	14:23:24	00059095717TRLO0	LSE
681	371.00	14:23:24	00059095716TRLO0	LSE
1319	371.00	14:23:24	00059095715TRLO0	LSE
1342	370.50	14:30:52	00059096327TRLO0	LSE
753	370.50	14:30:52	00059096330TRLO0	LSE
62	370.50	14:30:52	00059096329TRLO0	LSE
474	370.50	14:30:52	00059096328TRLO0	LSE
344	370.00	14:48:50	00059097769TRLO0	LSE
33	370.00	14:48:50	00059097779TRLO0	LSE
246	370.00	14:48:50	00059097778TRLO0	LSE
117	370.00	14:48:50	00059097777TRLO0	LSE
653	370.00	14:48:50	00059097776TRLO0	LSE
981	370.00	15:00:18	00059098627TRLO0	LSE
576	370.00	15:00:18	00059098626TRLO0	LSE
924	370.00	15:00:18	00059098625TRLO0	LSE
500	370.00	15:00:18	00059098624TRLO0	LSE
1793	370.00	15:00:18	00059098629TRLO0	LSE
224	370.00	15:00:18	00059098628TRLO0	LSE
978	369.00	15:01:41	00059098847TRLO0	LSE
400	369.00	15:01:41	00059098846TRLO0	LSE
860	367.50	15:08:32	00059099449TRLO0	LSE
630	367.50	15:08:32	00059099448TRLO0	LSE
1566	367.50	15:26:39	00059101285TRLO0	LSE
346	367.50	15:26:39	00059101287TRLO0	LSE
400	367.50	15:26:39	00059101286TRLO0	LSE
1000	368.00	15:35:56	00059102097TRLO0	LSE
318	368.00	15:35:56	00059102098TRLO0	LSE
1316	368.00	15:39:56	00059102437TRLO0	LSE
1307	367.50	15:44:00	00059102819TRLO0	LSE
1564	367.50	15:44:25	00059102847TRLO0	LSE
210	367.00	15:52:32	00059103601TRLO0	LSE
400	367.00	15:52:32	00059103600TRLO0	LSE
116	367.00	15:55:32	00059103910TRLO0	LSE
1194	367.00	15:55:32	00059103911TRLO0	LSE
279	367.50	16:00:51	00059104280TRLO0	LSE
500	367.50	16:00:51	00059104279TRLO0	LSE
500	367.50	16:00:51	00059104278TRLO0	LSE
1491	367.50	16:04:51	00059104572TRLO0	LSE
1229	368.00	16:10:52	00059105157TRLO0	LSE
260	368.00	16:10:52	00059105156TRLO0	LSE
24	368.00	16:10:52	00059105155TRLO0	LSE
484	368.00	16:12:32	00059105257TRLO0	LSE
410	368.00	16:12:32	00059105256TRLO0	LSE
230	368.00	16:12:32	00059105255TRLO0	LSE
263	368.00	16:12:32	00059105254TRLO0	LSE
373	368.00	16:16:32	00059105721TRLO0	LSE
4	368.00	16:16:32	00059105720TRLO0	LSE
46	368.00	16:16:32	00059105719TRLO0	LSE
1506	368.00	16:19:16	00059106018TRLO0	LSE

Notes

This announcement is made in accordance with the requirements of Listing Rule 12.4.6.

For further information contact:

Buchanan 

David Rydell/Jamie Hooper/Tilly Abraham  [phone]

Notes to Editors:

Redde Northgate is the leading integrated mobility solutions platform providing services across the vehicle lifecycle. The Company offers integrated mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across seven key areas: vehicle rental, vehicle data, accident management, vehicle repairs, fleet management, service and maintenance, vehicle ancillary services and vehicle sales.
 

The Company’s core purpose is to keep its customers mobile, whether through meeting their regular mobility needs or by servicing and supporting them when unforeseen events occur. With its considerable scale and reach, Redde Northgate’s mission is to offer a market-leading customer proposition and drive enhanced returns for shareholders by creating value through sustainable compounding growth.  The Group aims to achieve this through the delivery of its strategic framework of Focus, Drive and Broaden.

Redde Northgate services its customers through a network and diversified fleet of over 120,000 owned and leased vehicles, supporting over 600,000 managed vehicles, with more than 170 workshop, body shop and rental locations across the UK, Ireland and Spain and a specialist team of over 6,000 automotive services professionals.

Further information please visit the Company's website:

www.reddenorthgate.com